1. Survey information

These questions are for Wave 91 of the fortnightly Business Insights and Conditions Survey (BICS) dispatched on 4 September 2023.

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2. Trading status of your business

Which of the following statements best describes your business's trading status?

  • Currently fully trading

  • Currently partially trading

  • Paused trading but intends to restart in the next two weeks

  • Paused trading and does not intend to restart in the next two weeks

  • Permanently ceased trading

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3. Turnover

How did your business's turnover in August 2023 compare with the previous calendar month? 

  • Turnover increased       

  • Turnover stayed the same          

  • Turnover decreased      

  • Not sure

What are your business's expectations for turnover in October 2023?

  • Expect turnover to increase       

  • Expect turnover to stay the same            

  • Expect turnover to decrease      

  • Not sure

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4. Prices

How did the prices of goods or services bought by your business in August 2023 compare with the previous calendar month?

  • Prices increased

  • Prices stayed the same

  • Prices decreased

  • Not sure

  • Not applicable

How did the prices of goods or services sold by your business in August 2023 compare with the previous calendar month?

  • Prices increased

  • Prices stayed the same

  • Prices decreased

  • Not sure

  • Not applicable

What are your business's expectations for the prices of goods or services sold in October 2023?

  • Prices will increase

  • Prices will stay the same

  • Prices will decrease

  • Not sure

  • Not applicable

Which of the following factors, if any, are causing your business to consider raising prices in October 2023?

  • Energy prices

  • Finance costs

  • Labour costs

  • Raw material prices

  • Other (Please describe)

  • Not sure

  • Business is not considering raising prices

How did your business's domestic demand for goods and services in August 2023 compare with the previous calendar month?

  • Demand increased

  • Demand stayed the same

  • Demand decreased

  • Not sure

  • Not applicable

How did your business's international demand for goods and services in August 2023 compare with the previous calendar month?

  • Demand increased

  • Demand stayed the same

  • Demand decreased

  • Not sure

  • Not applicable

Has your business been affected by recent increases in energy prices?

  • Yes, production has been affected

  • Yes, suppliers have been affected

  • Yes, both production and suppliers have been affected  

  • No, the business has not been affected 

  • Not sure            

  • Not applicable

In which of the following ways, if any, has your business been affected by price rises?

  • Discontinued lines of sale           

  • Had to absorb costs       

  • Had to access more financial support     

  • Had to change suppliers

  • Had to make redundancies        

  • Had to pass on price increases to customers       

  • Had to reduce staff work hours 

  • Unable to maintain workspaces

  • Other (Please describe)

  • Not sure

  • Business has not been affected by price rises

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5. Stock levels

How did your business's stock levels of raw materials in August 2023 compare with the previous calendar month?

  • Stock levels were higher             

  • Stock levels stayed the same     

  • Stock levels were lower

  • Not sure            

  • Not applicable

How did your business's stock levels of finished goods in August 2023 compare with the previous calendar month?

  • Stock levels were higher             

  • Stock levels stayed the same     

  • Stock levels were lower

  • Not sure            

  • Not applicable

Is your business stockpiling any goods or materials?

  • Yes

  • No

  • Not sure

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7. Business confidence

In August 2023, how did your business's debt repayments compare with turnover?

  • Repayments were more than 100% of turnover

  • Repayments were between 50% and 100% of turnover  

  • Repayments were between 20% and 50% of turnover    

  • Repayments were up to 20% of turnover            

  • Not sure            

  • Not applicable

How much confidence does your business have that it will meet its current debt obligations?

  • High confidence             

  • Moderate confidence   

  • Low confidence

  • No confidence  

  • Not sure            

  • Business does not have any debt obligations

What is your business's risk of insolvency?

  • Severe risk        

  • Moderate risk  

  • Low risk             

  • No risk 

  • Not sure            

  • Business is insolvent

How would you describe your business's overall performance in August 2023, compared with this calendar month last year?

  • Performance increased

  • Performance stayed the same   

  • Performance decreased

  • Not sure

How do you expect your business's overall performance to change over the next 12 months?

  • Performance will increase          

  • Performance will stay the same

  • Performance will decrease

  • Not sure

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8. Comments

Please tell us anything else about your business's current situation relating to topics covered in this survey:

  • Comments
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Manylion cyswllt ar gyfer y Erthygl

Gemma Rabaiotti
bics@ons.gov.uk
Ffôn: +44 1633 455 592